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CENLABS-DOCS
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        • ⭕Tokenomics
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        • ⭕How to buy?
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  • Total fees
  • Liquidity tax
  • opXEN burn tax
  • Excluded from FEES by default
  1. CEN Ecosystem
  2. Optimism Network
  3. $opCEN Token

Taxes

$opCEN token is built on the Optimism network

PreviousTokenomicsNextHow to buy?

Last updated 7 months ago

We designed the tax for the $opCEN token to incentivize users to hold and trade it. Buyers and sellers will be charged a very small tax. All taxes collected will partly be used to burn $opXEN tokens. The rest will automatically add liquidity to opCEN and be burned. The $opCEN token will operate its economy efficiently.

Total fees

The total tax rate when users trade tokens is 1% (liquidity tax 0.4%, $opXEN token burning tax 0.4%, other transactions 0.2%).

Liquidity tax

When users trade tokens, the 0.5% tax rate automatically enters liquidity and is burned immediately. Burned liquidity causes immediate token deflation and permanently stabilizes the liquidity pool. The more transactions, the more liquidity will be added to the pool.

opXEN burn tax

When users trade tokens, the 0.5% tax rate automatically buys back $opXEN tokens and burns them immediately. The more transactions, the more $opXEN tokens will be burned. In the future, when liquidity increases, the transaction volume will increase, and more opXEN tokens will be burned.

Users can track the number of opXEN tokens burned here:

Excluded from FEES by default

The addresses below were automatically excluded to ensure proper token functionality. Including them might result in huge stability problems and errors.

  • Supply recipient: 0x3fa8aD5a05adf34a7CC2161B7a3E6c8FC8115A96

  • Token smart contract: 0xAA36ADde5124CCaE2C59b627291FB78de6A59D33

  • opXEN Burn wallet tax recipient: 0x000000000000000000000000000000000000dEaD

https://optimistic.etherscan.io/token/0xeb585163debb1e637c6d617de3bef99347cd75c8?a=0x000000000000000000000000000000000000dead
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https://optimistic.etherscan.io/token/0xaa36adde5124ccae2c59b627291fb78de6a59d33
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